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Employee Retention: 12 Strategies to Retain Your Top Talent

FingerCheck

A high employee retention rate is often a sign of a healthy business. It saves money, improves efficiency, boosts employee morale and gives you a competitive edge. Here, we’ll review what employee retention means, how it works, and how you can keep your best employees. What Is Employee Retention?

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How to Retain Call Center Employees & Reduce Turnover

Empuls

However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. The incessant revolving door of call center employees has long been a point of concern, and addressing it has become more critical than ever. It comes down to the nature of the job: 1.

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How Healthcare Employers Can Overcome Unprecedented Turnover

Precheck

How Healthcare Employers Can Overcome Unprecedented Turnover Oct. It’s not just your organization — turnover is rampant across healthcare employers. And while those numbers apply to all healthcare employees, the stakes get even higher when you look at care providers. Here are some tips for lowering turnover.

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Boosting Employee Satisfaction & Retention: The Power of Strategic Compensation

Zalaris

High employee turnover can be costly, both in terms of recruitment expenses and the loss of institutional knowledge and expertise. By prioritising employee satisfaction and implementing effective retention strategies, companies can minimise these costs and maintain a stable, skilled workforce.

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Industry Insights: Senior Care

Payactiv

Ongoing health concerns and typically high turnover rates are leaving thousands of senior care facilities understaffed and overworked. Read how partnering with Payactiv results in a significant increase in employee engagement and retention. Look to implementing a communication platform that all employees would have access to.

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Industry Insights: Call Center

Payactiv

The average call center turnover rate averages between 30% to 45%. This turnover rate is considered very high. Agent Turnover — Why Are They Quitting? Use a mobile communication platform to digitize the employee experience for front-line workers. Source: [link]. The Big Picture.

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Industry Insights: Healthcare

Payactiv

The turnover rate near double creates the perfect storm. Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting. While many healthcare recruiters blame the Great Resignation for the high turnover rates, it’s hardly the only culprit. Hiring is a multi-layered process. A quarter of U.S.